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Highlights from the Reuters Global Luxury Summit external link

Rate   Luxist | Tue, Jun 9

Tue, Jun 9  CA
Classical styles for handbags are winning out over "it" bags, according to Burberry chief executive Angela Ahrendts. "They (shoppers) want them to last. They want to be able to psychologically know they can carry them for the next couple of years and ...

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2 mainstream media weighed in on a similar topic

5 Months Ago, EducationGuardian.co.uk says (in Reuters Summit-You may never have it so good again, execs say)  UK
The era of the 'it' handbag has probably gone," said Burberry Chief Executive Angela Ahrendts. But "they're (consumers) still buying handbags ... They want them to last. They want to be able to psychologically know they can carry for them the next ...

And Forbes says (in Reuters Summit-You may never have it so good again, execs say)  NY
The era of the 'it' handbag has probably gone,' said Burberry Chief Executive Angela Ahrendts. But 'they're (consumers) still buying handbags ... They want them to last. They want to be able to psychologically know they can carry for them the next ...

Source:  Luxist
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